ARCHIVED BLOG POSTS
2010
The Mortgage Credit Certificate tax credit program(MCC) for Montgomery County has just announced that they now have funds for this program. They have over $6 million of funds for this program but will disperse the funds on a first come first served basis. If you are not familiar with the MCC pr...
05/20/2010
Here is your weekly mortgage rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.% FHA 30 year:4.5% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.15% Conventional 15 year:4.125% Credit score:740 LTV:80% Loan Amount:$200k APR:4.375% Please cal...
05/19/2010
Fannie Mae has announced that as of June 1st a new credit report will be required before closing. This is so the underwriter knows if any new credit was opened or applied for. If a new credit pull or inquiry is found, it will need to be documented. Keep in mind that this will be painful since ...
05/17/2010
6
Comments
USDA Funds have been exhausted. I have mentioned in the past that this was coming. The House of Representatives has passed Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017). To allocate more funds to this program. But, it is currently in the Senate and it has not been pass...
05/14/2010
Here is your weekly mortgage rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.% FHA 30 year:4.625% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.30% Conventional 15 year:4.25% Credit score:740 LTV:80% Loan Amount:$200k APR:4.5% Please call...
05/12/2010
This is fantastic information and i wanted to pass it along. www.DaveYourMortgageGuy.com. If you saw the Commerical and are interest in Details about the Program, you can find the information here https://www.chase.com/chf/mortgage/mcb-details My opinion the offer is a great marketing effort ...
05/10/2010
Here is your weekly mortgage rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.% FHA 30 year:4.75% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.30% Conventional 15 year:4.25% Credit score:740 LTV:80% Loan Amount:$200k APR:4.5% Please call ...
05/05/2010
Don't worry if you missed the chance of getting the $8,000 or $6500 homebuyer tax credit. I have an even better tax credit for you, the Mortgage Credit Certificate(MCC) tax credit. Here are the specific's of the MCC tax credit: The MCC tax credit allows you to save up to $2000 a year off your...
05/03/2010
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